Settings8H · net · $10k
Funding arb · Price arb /

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.092%
Price spread now: ApeX Omni against Kalshi−0.154%7-day average −0.166% · you buy dearer than you sell
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$530.535% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.042%−$104 on $10k
Price spread, last 7 days−0.026%−$3 · spread now −0.154%, 7d avg −0.166%
Together, before fees−1.068%−$107 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.166%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −1.042%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXZECPERP1,459.50get 0.0000% / 8h6h 08m$934K$5.7M2.2x
ShortApeX Omni ZECUSDT1,457.20.0100get 0.0013% / 1h8m 25s$428K$815K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Kalshi. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$21
Price spread: −0.154% → −0.166%
$1.21
Slippage, 4 orders
−$33.5
Fee Kalshi: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$31.29
Costs to cover
0.535%
Break-even
17.4 days
Slippage from Kalshi: live order book, 5 min ago; ApeX Omni: live order book, 16 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kalshi live order book, 5 min ago5.42 bp10.4 bp −$1016.5 bp −$165doesn't fitdoesn't fit
Sell ApeX Omni live order book, 16 min ago2.89 bp24.8 bp −$2547.3 bp −$473doesn't fitdoesn't fit

ZEC on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3476%1h1,433.1−1.805%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0086%8h1,459−0.033%$28.9M$75.4M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,460.2+0.046%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,458.8−0.045%$17.7M$44.7M25xas long as short
Bybit ZECUSDT−0.0023%8h1,459−0.030%$269.3M$677.3M75xas long as short
Variational Omni ZEC−0.0004%8h1,455.9−0.243%$45.6M$33.4Mas long as short
dYdX ZEC-USD0.0000%1h1,460.9+0.095%$411K$106K5xas long as short
Kalshi KXZECPERPlong0.0000%8h1,459.5long leg$934K$5.7M2.2x
Perpl ZEC0.0000%43m1,459.9+0.028%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,459.9+0.025%$594K$1.3M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,460.4+0.062%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0016%8h1,459.8+0.022%$293K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0016% / S +0.0074%1h1,460.2+0.050%$558K100xas long as short
Ondo Perps ZEC-USD.P+0.0038%1h1,457−0.170%$395K$515K5xas long as short
01 Exchange ZECUSD+0.0040%1h1,460.3+0.056%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0058%8h1,460.1+0.040%$174.3M$1.36B50xas long as short
Gate ZEC_USDT+0.0061%8h1,459.8+0.021%$49.4M$191.1M75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,460.1+0.040%$15K$865K10xas long as short
Lighter ZEC+0.0096%1h1,461.9+0.165%$18.9M$54.7M20xas long as short
Popdex ZECUSDT+0.0096%1h1,459.9+0.030%$173K$2.0M50xas long as short
Aster ZECUSDT+0.0099%8h1,459.9+0.028%$15.4M$33.9M75xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,460.2+0.051%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,460.9+0.100%$2.5M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,460.8+0.090%$755.6M$493.4M10xas long as short
Pacifica ZEC+0.0100%1h1,460.9+0.098%$1.6M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,460+0.036%$667.7M$2.53B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,460+0.035%$220.1M$899.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,459.9+0.031%$103.2M$57.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,460+0.036%$161.6M$312.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,459.9+0.031%$101.5Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,459.7+0.016%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,456.9−0.176%$489K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,458−0.100%$3.0M$492K10xas long as short
ApeX Omni ZECUSDTshort+0.0100%1h1,457.2−0.154%$428K$815K50x
StandX ZEC-USD+0.0100%1h1,459.6+0.010%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,459.9+0.029%$344K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,459.9+0.030%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,457.8−0.113%$445K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,461.1+0.114%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,459−0.033%$221K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,459−0.033%$2.4M$24.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,459−0.033%$3.8M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,456.7−0.190%$897K$26K10xas long as short
Phoenix ZEC+0.0103%1h1,458.5−0.064%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,460.6+0.080%$3.3M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,459.1−0.027%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,460.8+0.091%$848K$1.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,461+0.106%$3.7M$11.6M50xas long as short
Aftermath Perps ZECUSD+0.0483%1h1,459−0.030%$40K$34K10xas long as short
Arcus ZEC-USD+0.0518%1h1,461.2+0.116%$744K$8.0M10xas long as short
Lighter RH ZEC+0.0584%1h1,462.5+0.204%$2.0M$8.5M10xas long as short